Decision and Details
Board of DirectorsApplication to change the market segment to the Tokyo Stock Exchange Standard Market
The company recognizes that it has moved into the phase of a company aiming for sustainable growth, having established a solid business foundation and achieved a certain level of governance standards in light of changes in the business environment and progress in its growth strategy. It determined that moving to the Standard Market, rather than the Growth Market, is most aligned with its current business policy.
| Item | Details |
|---|---|
| Matter Covered | Application to change the market segment to the Tokyo Stock Exchange Standard Market |
| Decision-Making Body | Board of Directors |
| Decision Date | 10 November 2026 |
| Reason | The company recognizes that it has moved into the phase of a company aiming for sustainable growth, having established a solid business foundation and achieved a certain level of governance standards in light of changes in the business environment and progress in its growth strategy. It determined that moving to the Standard Market, rather than the Growth Market, is most aligned with its current business policy. |
| Future plans | The market segment change will be formally determined upon approval by the Tokyo Stock Exchange. Before approval, the market segment change is not guaranteed. |
Items this document does not state (7)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The company recognizes that it has moved from the stage of an emerging company pursuing rapid expansion in scale to the phase of a company with a stable track record and social credibility that aims for sustainable growth, as it has established its business foundation and improved its governance standards. It determined that the Standard Market is better aligned with its current business policy than the Growth Market.